Why Decry the Wealth Gap?

Max Sawicky sawicky at epinet.org
Tue Jan 25 09:24:57 PST 2000


I have a hypothetical question, relating to some of Brad's comments on China as well as this discussion. Suppose that a society had an equal distribution of income. Real GDP per capital could increase X% by throwing Y% into poverty. Much of the debate about globalization, the new economy, .... seems to reflect thinking about this question.

Michael Perelman
>>>>>>>

The answer is 124.316

mbs



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